BTL Group raised $15.3 Million for Interbit platform

Blockchain company BTL Group has raised $15.3 million to develop its Interbit platform, which aims to be launched in early 2018
27 November 2017   535

According to whitepaper, Interbit is a private blockchain development platform designed for business innovators and developers to quickly and easily incorporate the best of blockchain capabilities into enterprise applications. It also includes a suite of APIs and smart contracts that allow enterprise application developers to rapidly, confidently, and efficiently create enterprise-grade applications.

The financial resources will be spent on building technical team and commence a sales and marketing drive in conjunction with the launch of the platform. The objectives are to onboard enterprises who can license InterbitTM to either build their own applications or partner with BTL, as well as target technology teams and developers to encourage adoption, enabling them to use the JavaScript coding language to build and share applications, said a statement.

We are delighted to have completed this funding round, where we saw significantly increased investor demand given the recent progress and exciting news from the Company. The capital will be used to rapidly expedite our go to market strategy for our third generation blockchain platform, InterbitTM.

 

Dominic McCann

CEO, BTL

BTL has operations in both Canada and the UK and it is listed on Canada's TSX Venture Exchange. The main focus has been on remittances, which BTL has partnered with Visa's digital innovation teams on. The company has also been adopting its blockchain to the energy and gaming sectors.

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ACTN Token Distribution About to Close

The users have last chance to get their 1000 free ACTN tokens as the token distribution for registration closes on March 1, 2018
21 February 2018   51

The Action Coin Platform represents over 500,000 Action collectors and customers from more than 200 countries and territories. It is the basis of an incentive-driven rewards program with “points” that are rewarded in the form of a decentralized, blockchain-based digital asset known as Action. Action may be redeemed for member-only discounts on a growing list of products and services offered through its business network.

ActionCoin has announced that the users who sign up are entitled to receive 1,000 FREE ACTION during the official token distribution event (Airdrop) scheduled to commence on March 1, 2018.

The two first phases of ACTN token pre-sale are already finished, and the third one will be held from February 21 to 25, with 250,000,000 Action tokens to be sold for $0.02 USD each.

BTC, ETH, XRP, XLM, LTC, NXT are accepted during the presale. The current market rate will be locked in at the beginning of each presale phase, for the entire phase.